Managers of Wealth

LVMH Won't Appeal Fine Related to Hermès

In July, the AMF fined LVMH 8 million euros (6.76 million pounds) for failing to properly disclose its stake-building in rival Hermes (HRMS.PA) before 2010.

Luxury brand Van De Velde reports 1.8% fall in H1 sales

The independent retailers experienced a tough spring in most European countries.

10 Top Luxury Wine Companies Named by bestofluxury.com for August 2013

Each month the independent research team at bestofluxury.com delves into the best performing luxury wine providers

Tiffany's 2Q earnings to offer clues on wealthy

Analysts will be looking closely at whether Tiffany has been seeing a more cautious consumer over the summer and will be dissecting its outlook for the remainder of the year

Luxury Brands Race to Secure Their Supply Lines

Having invested heavily in recent years to open shops around the world, notably in emerging markets, luxury leaders are now competing to control the supply lines.

Canadian buys most expensive car ever sold at auction

Billionaire Lawrence Stroll, who developed Tommy Hilfiger brand, pays $27.5M for rare Ferrari

CA Luxury Home Values Increase in the Second Quarter

This was one of the best quarters in recent history for California luxury home prices in First Republic's urban

Luxury companies' new challenge: How to hook consumers who can afford virtually anything?

Middle-class aspirations have tumbled from Hermes to H&M

Tiffany & Co. achieves highest Facebook engagement among top 50 US retailers

Tiffany & Co. proved to be the most successful brand by scoring a massive 28,741 interactions on each post

Nicole Farhi collapsed with debts of almost £20m

Fashion brand Nicole Farhi collapsed with debts of almost £20m, including more than £500,000 to the taxman, according to the administrator’s report into the retail failure

Wealthy Asians Have Designs On Luxury Brands

The rise of affluent middle class and wealthy consumers in Asia seem to have an insatiable appetite for luxury designer brands that keeps growing despite economic slowdown in the region.

Kate Middleton's Fondness for Tiffany and Cartier

The stunning sapphire surrounded by diamonds that was a gift from Prince William

Lafite ’98 Selling at $9,000 Outperforms Liv-Ex Fine Wine 50

A case of 1998 Chateau Lafite-Rothschild sold for 5,800 pounds ($9,000) on Liv-ex in the past week, matching its mid-March level and outperforming the four percent drop in the Liv-ex Fine Wine 50 Index over the period.

Chinese Crackdown on Luxury to Drive Demand

The tradition of gift-giving extends back many years in Chinese culture

The World's Most Outrageous Yacht Charters

When Russian billionaire Roman Abramovich's mega-yacht Eclipse docked in midtown Manhattan last February, it created frenzy among the Big Apple's princes and paupers alike.

Top 10 luxury brand mobile apps of H1

Here are the top 10 luxury brand mobile apps of the first half of 2013, in alphabetical order.

Prada's first-half revenue rises 15%

Italian luxury brand Prada said Thursday that its net revenues rose almost 15% in the first half of 2013

Luxury ‘mega-brands’ face new challenges

Exane BNP Paribas has recently released its Green Book ‘The Future of Mega-Brands’, focusing on mega-brands’ prospects in four different categories: leather, fashion, jewellery and fragrances and cosmetics.

'Picasso' of diamonds grace Australia

An world-class travelling assortment of rare diamonds is spending two weeks in Australia, on show at Tiffany & Co in Melbourne.

LVMH Adds Luxurious Caribbean Property to Expanding Hospitality Portfolio

There's a new hotel brand coming to the Caribbean and you can bet the shops inside will be top-notch.